Debenhams PLC (LON:DEB) Rating Reaffirmed
In analysts report announced this morning, Investec reconfirmed their Sell rating on Debenhams PLC (LON:DEB) shares. The Estimated Target Price suggests a possible downside of -5.53% from company’s last price.
From a total of 18 analysts covering Debenhams PLC (LON:DEB) stock, 6 rate it a ”Buy”, 3 a “Sell”, and 11 a ”Hold”. This means that 30% of the ratings are positive. The highest target price is GBX 105 while the lowest target price is GBX 70. The mean of all analyst targets is GBX 88.89 with a 16.27% above today’s (GBX 74.5) stock price. Debenhams PLC was the topic of 45 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Investec maintained shares on December 14 with “Sell” rating. Goldman Sachs downgraded shares to “Sell” rating and GBX 83 target share price in a report from a December 3. Barclays Capital maintained DEB stock in a recent report from December 8 with “Overweight” rating. Liberum Capital maintained the rating on November 30. Liberum Capital has a “Sell” rating and a GBX 73 price target on shares. Finally, Nomura maintained the stock with “Neutral” rating in a report issued on a December 7.
Approximately 692,224 shares of stock traded hands. Debenhams Plc (LON:DEB) has declined 21.29% since May 18, 2015 and is downtrending. It has underperformed by 17.61% the S&P500.
Debenhams plc is a United Kingdom-based multi-channel company. The company has a market cap of 914.54 million GBP. The Firm brand trades through approximately 240 stores in 28 countries. It has 9.8 P/E ratio. It is available online in more than 70 countries.